Grupo Bimbo

Grupo Bimbo is well on track to meet its global zero carbon emission goal by 2050

17-Nov-2023 By Gill Hyslop

The world’s largest bakery manufacturer recently held its first Global Sustainability Summit at its head office in Mexico to review best practices, measure the progress of its Sustainability Strategy and devise plans for cooperative initiatives.

Canada Bread price-fixing: a cautionary tale of how unethical business conduct can erode consumer confidence

08-Sep-2023 By Gill Hyslop

One of Canada’s biggest commercial bakeries pleaded guilty for its role in a bread price-fixing scheme, was fined CA$50m - the highest on record - and has been placed on the government’s list of banned suppliers. But the reputational harm could be the...

New president of Bimbo Canada known for her disruptive thinking, pursuit of excellence and consumer-centric focus

16-Feb-2023 By Gill Hyslop

Marie-Eve Royer is succeeding Joseph McCarthy, who has assumed a newly created role at Bimbo Bakeries USA (BBU) after five years leading Bimbo Canada.

Grupo Bimbo to invest $600m+ to build two new US plants, creating 600+ jobs

11-Nov-2022 By Gill Hyslop

The Mexican bakery giant has announced plans to spend around $630m to build plants in Ohio and Georgia, expected to create around 615 jobs.

M&As

Mondelēz agrees sale with Grupo Bimbo for Ricolino and other key chocolate brands

26-Apr-2022 By Anthony Myers

Mondelēz International is set to acquire iconic chocolate and candy brands including Ricolino, Vero, La Corona and Coronado from Grupo Bimbo, Mexico’s leading confectionery company.

Nestle ‘tentatively’ reopens Ukrainian factories to restock empty food shelves

04-Mar-2022 By Gill Hyslop

The Swiss food giant is restarting some of its operations in Ukraine in order to support the delivery of essential food and beverages to those who remain in the country.

Grupo Bimbo leads Series A funding in superfood snack brand LiveKuna: 'We're doubling down on the North American market'

06-Dec-2021 By Mary Ellen Shoup

Grupo Bimbo, owner of well-known bakery brands including Sara Lee and Thomas English Muffins, is leading a Series A funding round for Ecuador-based LiveKuna, an emerging brand of superfood snacks, cereals, pastas, and alternative baking flours.

Grupo Bimbo makes minority investment in allergy-friendly Rule Breaker Snacks

15-Feb-2021 By Mary Ellen Shoup

Rule Breaker Snacks, an allergy-friendly snack brand featuring chickpeas as its star ingredient, has secured a minority investment from Bimbo Ventures, the venture capital arm of global baking company Grupo Bimbo.

Bimbo Bakeries meets increased demand for record Q3, but worries about impact of second COVID-19 wave

23-Oct-2020 By Elizabeth Crawford

While Grupo Bimbo has managed to stay on top of and benefit from increased demand for its baked goods and snacks in the US during the pandemic so far, executives are weary of any additional strain on capacity and employee safety posed by a potential second...

Industry insight into US bakery market

31-Oct-2018 By Gill Hyslop

As consumers increasingly opt to follow a healthy lifestyle, they are demanding more gluten-free, low-carb, whole grain, organic and paleo diet products. However, there will always be a way to find an excuse to give in to indulgence, especially when it...

Grupo Bimbo launches accelerator to stimulate innovation among food startups

27-Jun-2017 By Gill Hyslop

Mexican bakery conglomerate Grupo Bimbo is inviting food entrepreneurs to submit project proposals to be part of its newly-formed innovation accelerator.

Grupo Bimbo outlook remains positive after co-founder’s death: Analyst

10-Feb-2017 By Gill Hyslop

Grupo Bimbo is expected to maintain growth after the death of the Mexican bakery magnate Don Lorenzo Servitje Sendra, who founded the company in the 1940s, says an analyst.